HarmonyAI addresses the lack of a Web3 Private AI assistance for DeFi, enabling resilience in navigating financial complexities using a federated learning setup. Demo of our POC on Milkomeda.
This is the total amount allocated to [ADAXON] HarmonyAI: Cardano DeFi Assistant.
HugoByte Network Labs Led by CEO Irfan is a powerhouse of innovation in building decentralized infrastructure for AI. Committed to pushing boundaries, they collaborate with Adaxon on HarmonyAI, uniting expertise in AI, blockchain, and collaborative development for impactful solutions.
MetaZord, Coimbatore, India , based in Coimbatore, India, is a leading blockchain institute. Pioneering blockchain education, they nurture talent, fostering the next generation of developers. Engaging in HarmonyAI, MetaZord brings expertise, amplifying the project's technical capabilities and knowledge sharing.
Adaxon boasts a robust administrative team, spearheaded by our esteemed nominee director Patrick McGonagle and supported by a talented group of accountants. Joshua Richardson, our adept web developer, adds technical prowess to our lineup, ensuring seamless project development. Guiding us strategically, Kwadwo Konadu Ansahi Antwi, a seasoned advisor, provides valuable insights for project success. Associate Professor Xiang Cheng, an AI luminary, lends his expertise to propel HarmonyAI forward. His extensive background in AI research, with a focus on computer vision, machine learning, and privacy-preserving technologies, enriches our project with cutting-edge innovation.
HarmonyAI pioneers a secure Cardano chatbot using federated learning for personalized assistance and support in DeFi's dynamic landscape. Preventing emotional distress, fostering good finance health.
No dependencies.
Project outputs will be fully open source. As is with the existing Solidity implementation, all code, documentation, and relevant materials will be publicly accessible on our GitHub repository for the Cardano community and via conference publications.
SDG 3: Good Health and Well-being - HarmonyAI aims to improve mental health accessibility, aligning with SDG 3's goal of ensuring healthy lives and promoting well-being for all.
Proposal Summary:
HarmonyAI aims to pioneer a secure and scalable chatbot infrastructure on Cardano, integrating decentralized federated learning (DFL) to offer personalized assistance within the DeFi space. By addressing the rise of compulsive trading behaviors resembling gambling addiction, HarmonyAI empowers users with informed decision-making while providing crucial personalized assistance. Leveraging the Secure DFL framework, the solution ensures user privacy through encryption technologies like Differential Privacy (DP) and Secure Multi-Party Computation (SMPC). Through collaborations with HugoByte Network Labs and The Love Hope Company, HarmonyAI aims to deliver a cutting-edge solution tailored to the dynamic needs of DeFi users.
Introduction to Secure DFL - The basic framework for our solution:
Secure DFL (Secure Decentralized Federated Learning) is a privacy-preserving machine learning framework. It leverages the security and immutability of blockchain technology for decentralized federated learning. Internally integrated with encryption technologies such as Differential Privacy (DP), Secure Multi-Party Computation (SMPC), GPG, etc., it ensures user privacy, allowing users to train models without exposing personal information. The feasibility of this framework is demonstrated in the demo, which also provides a user-friendly interactive interface: https://github.com/HXSu/DFL-Framework.
Proof of Implementation on Testnet:
The testnet operations showcase seamless node registration, critical for decentralized infrastructure accessibility. Model distribution transactions reflect continuous chatbot learning, enhancing response efficacy. Internal transactions highlight dynamic system adaptability. Evaluation rewards incentivize participant contributions. This transparent view demonstrates real-world applicability, affirming HarmonyAI's viability on Cardano.
Our proposal includes a tangible demonstration of our solution through a robust implementation on the Cardano EVM testnet via Milkomeda. The provided link (https://explorer-devnet-cardano-evm.c1.milkomeda.com/address/0x8c21Dc313C5A81BB1e2ea8B80B21291dA2246ED8) showcases the deployment of our smart contract, capturing crucial transactions and operations that validate the functionality and effectiveness of our solution.
The current proposal to scale it to a solution involves four main components:
Solution Features and Enhancements:
User Interface and Experience:
Security Measures:
Community Engagement and Support:
HarmonyAI aims to provide personalized assistance for DeFi users, leveraging Cardano's security and privacy features. Success will be measured by user feedback, adoption rates, and improved mental well-being indicators. We'll share outcomes through reports, workshops, and collaborations, fostering a culture of well-being within the ecosystem.
Our target audience includes DeFi traders seeking privacy and support in navigating personal trading milestones. Using HarmonyAI's private chatbot, we aim to empower users with informed decision-making and mental health support, fostering responsible trading practices.
Impact on Cardano:
Our team consists of highly skilled professionals with expertise in relevant fields, ensuring our capability to deliver the HarmonyAI project with high levels of trust and accountability.
Dr. Bharath Ramesh, Ph.D. in Computer Science, is a pioneering academic at the crossroads of artificial intelligence and blockchain. As CEO of Adaxon Pte. Ltd, his expertise shines in developing trustless federated frameworks, evident in his publication on decentralized and confidential deep learning. Leading the HarmonyAI project, Dr. Ramesh is dedicated to applying technology for societal impact, aiming to revolutionize mental health support on the Cardano blockchain. With a profound background in AI, decentralized systems, and blockchain, he is a visionary shaping the future of technology.
Su Hongxu, CTO, Adaxon Pte. Ltd (and our entire team at Adaxon)
Capability and Feasibility:
Collaborative Partnerships:
Adaxon Team members - Jyothi Kiran (UI/UX) and Balamuralidhar V (Community manager), to name a few. Proven Track Record:
Milestone 1: Porting Infrastructure and Chatbot to Plutus (three months)
Output: Ported chatbot infrastructure to Plutus, allowing it to run on Cardano's native smart contract platform.
Acceptance Criteria:
Evidence:
Projected Cost: 35,000 ADA
Milestone 2: Testing and Optimization of Chatbot (Two months)
Output: Fully tested and optimized chatbot with improved performance, accuracy, and privacy measures.
Acceptance Criteria:
Evidence:
Projected Cost: 30,000 ADA
Milestone 3: Community Engagement and Iterative Improvements (two months)
Output: Engaged Cardano community in testing the chatbot and integrated improvements based on user feedback.
Acceptance Criteria:
Evidence:
Projected Cost: 25,000 ADA
Milestone 4: User Feedback Integration and Iteration
Output: Gathered user feedback and implemented iterative improvements to enhance the chatbot's features and user experience.
Acceptance Criteria:
Evidence:
Projected Cost: 15,000 ADA
Final Milestone: Project Documentation and Dissemination
Output: Comprehensive documentation of the HarmonyAI project, including technical specifications, user guides, and project reports, ready for dissemination.
Acceptance Criteria:
Evidence:
Projected Cost: 15,000 ADA
Regular updates and reports will be shared with the community and stakeholders to provide visibility into the project's progress and outcomes.
Total Projected Cost: 120,000 ADA
Project Team:
Dr. Bharath Ramesh - CEO, Adaxon Pte. Ltd
Su Hongxu - CTO, Adaxon Pte. Ltd
Irfan - CEO, HugoByte Network Labs
MetaZord, Coimbatore, India - Blockchain Institute
Adaxon Team (additional Members):
Engagement:
Milestone 1: Port to Plutus for Improved Capabilities and Security - 35,000 ADA
Milestone 2: Performance Testing and Optimization - 30,000 ADA
Milestone 3: Community Testing and Iterative Improvements - 25,000 ADA
Milestone 4: User Feedback and Iterative Improvements - 15,000 ADA
Milestone 5: Project Documentation and Reporting - 15,000 ADA
Additional Elements:
HarmonyAI's project costs align with the value it brings to the Cardano ecosystem. Careful estimation considers industry benchmarks, expertise, and deliverables. Costs represent an investment in top-tier talent, ensuring a robust and scalable mental health solution. This approach ensures efficient resource utilization, fostering long-term value for Cardano users and the broader community.
The HarmonyAI project's cost aligns strategically with the Cardano ecosystem, offering significant value:
Overall Justification:
Detailed justification for each milestone:
Porting to Plutus (Milestone 1 - 35,000 ADA):
The cost reflects the pivotal transition of the chat bot infrastructure to Plutus, Cardano's native smart contract language. This milestone involves intensive coding, adaptation, and security enhancements. The funds allocated are essential for the successful integration, contributing to improved capabilities, and ensuring the project's alignment with Cardano's long-term vision for enhanced security and functionality.
Testing and Optimization (Milestone 2 - 30,000 ADA):
Rigorous testing and optimization are critical for delivering a high-performance and secure chat bot. The allocated funds cover testing environments, quality assurance processes, and privacy measures. This investment ensures that the chat bot meets the highest standards of accuracy and privacy, enhancing its overall effectiveness.
Community Engagement and Testing (Milestone 3 - 25,000 ADA):
Engaging the Cardano community is fundamental for real-world feedback. The allocated funds cover community outreach, user testing, and coordination efforts. This investment aims to foster a collaborative approach, incorporating diverse perspectives and preferences into the development process. The resulting feedback loop contributes to the creation of a more inclusive and user-friendly chat bot.
User Feedback and Iterative Improvements (Milestone 4 - 15,000 ADA):
Gathering and implementing user feedback are integral to achieving user satisfaction. The allocated funds cover mechanisms for feedback collection, detailed analysis, and iterative development cycles. This investment supports continuous improvement, responsiveness to user needs, and the evolution of the chat bot to meet the dynamic expectations of its users.
Project Documentation and Reporting (Milestone 5 - 15,000 ADA):
Comprehensive documentation ensures transparency and facilitates knowledge transfer. The allocated funds cover the creation of technical specifications, user guides, and project reports. This investment is crucial for disseminating project insights, enhancing the broader Cardano knowledge base, and providing a valuable resource for future development and research.